LAPO Loan Interest Rate

Date:

Loan tenor

1 Month

48.50%

2 Months

47.50%

3 Months

46.50%

6 Months

45.50%

1 Year

44.50%

2 Years

43.50%

3-10 Years

42.50%

How to Apply for a Loan

Contact your bank or financial institution. Ascertain the amount of loan you want. Ensure you have a Nigerian bank account and a Bank Verification Number (BVN). Check your credit score. Ask your bank account officer if you need a collateral security. Fill the loan application form. Wait for the loan approval decision.

Types of Loan

Personal Loan, business loan. SME loan and salary loan

Profile of Bank

LAPO is one of the licensed banks in Nigeria. Its products include bank accounts, loans, fixed deposits, commercial papers, debt discounting, factoring and structured finance etc. It is licensed by the Central Bank of Nigeria (CBN) to carry out the business of banking. It is also licensed by the Nigerian Deposit Insurance Corporation (NDIC).

Address

Bolade, 456 Agege Motor Rd, Oshodi, Ikeja

Website

https://www.lapo-nigeria.org/

Phone Number

234 813 984 0230

Email Address

info@lapo-nigeria.org

Description

The loan interest rate of LAPO is shown in this post. This post also explains how to apply for a loan with the bank.

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